{"data":{"id":"us-tx/tex.-insurance-code-493.153","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 493.153","heading":"FORM OF TRUST.","body":"(a) The trust must be established in a form approved by the commissioner or an insurance commissioner or other chief insurance regulatory official of another state who, under the trust instrument, has principal regulatory oversight over the trust.\n(b) A copy of the trust instrument and any amendment to the trust instrument must be filed with the insurance commissioner or other chief insurance regulatory official of each state in which the ceding insurer beneficiaries of the trust are domiciled.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.\nAmended by:\nActs 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 2.08, eff. September 1, 2017.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE F. REINSURANCE","CHAPTER 493. AUTHORIZED REINSURANCE; CREDIT AND ACCOUNTING","SUBCHAPTER D. REQUIREMENTS FOR TRUST CREDIT ALLOWANCE"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.493.htm#493.153","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"a011aaa99674a518d10199b9fbab5aa6adc7de2927de73a4bd16ea0993688a7f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-493.152","next":"us-tx/tex.-insurance-code-493.154"},"notice":"GroundRules: Original legal text. Not legal advice."}
